HSBC Holdings Price Target Increased to $11.68 by Analysts at Morgan Stanley (HSBA)
HSBC Holdings (LON: HSBA) had its price target lifted by Morgan Stanley from $11.08 (737 GBX) to $11.68 (777 GBX) in a research report released on Tuesday morning. Morgan Stanley currently has an equal-weight rating on the stock.
A number of other firms have also recently commented on HSBA. Analysts at Deutsche Bank raised their price target on shares of HSBC Holdings from $10.75 to $11.43 in a research note to investors on Tuesday. They now have a buy rating on the stock. Separately, analysts at HB Markets reiterated a buy rating on shares of HSBC Holdings in a research note to investors on Tuesday. Finally, analysts at Nomura reiterated a buy rating on shares of HSBC Holdings in a research note to investors on Monday. They now have a $13.53 price target on the stock.
Shares of HSBC Holdings opened at 719.30 on Tuesday. HSBC Holdings has a one year low of GBX 501.20 and a one year high of GBX 739.90. The stock’s 50-day moving average is currently GBX 582.7. The company’s market cap is £138.2 billion.
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